DOW Down Over 2% and Falling NYSE SAYS RULE 48 INVOKED FOR MARKET OPEN

[link to www.bloomberg.com]

And now within minutes it's up to slightly positive.. wtf

Its not positive

Its all manipulated.

good

I hope it crashes

It was for a second then poof back down to -$292

Call me when it's -550 (which is the limit for futures).

There will be news from France or Greece later

The EU just demanded that France repay $1B

DOW UP 100 PTS BY 4 PM.

So I read the text of Rule 48, and I'm still not quite sure I understand exactly what it does. Can someone explain in layman's terms, what exactly it does to trading on the market?

Essentially, if a casino was losing lots of money, they make a rule that the dealers can peek at the cards before dealing.

That's it in a nutshell.

It means the market will only be allowed to move 48 points up or down.

[link to www.investopedia.com]

DEFINITION OF '48-HOUR RULE '
A requirement that all pooled information regarding to-be-announced transactions on forward mortgage-backed securities (MBS) be communicated to the buyer from the seller before 3 p.m. EST 48 hours prior to the settlement date of the trade. The 48-hour rule is a requirement under the Securities Industry And Financial Markets Association (SIFMA), which is formerly known as the Public Securities Association (PSA) or Bond Market Association.





INVESTOPEDIA EXPLAINS '48-HOUR RULE '
Assume that the agreed upon settlement date between the buyer and the seller is July 14. The 48-hour rule requires that on July 12 by 3 p.m. EST the seller will have informed the buyer of the exact details of the MBS pooled that will be delivered on July 14. Also known as 48-hour day.

Aaand the justification for 'RULE allowing dealers to 'peek' at cards dealt"

is

1: People like our casino, notice they pack it full and play 24/7

2: Therefore, % x of players can be culled, to preserve the larger % who are 'enjoying the casino'

3: When rifles and firemen and alpha-agency people slowly start standing behind the blackjack tables, this again, is to keep the enjoyment of the casino, going.

The spice mus floe.

So in other words, they are trying to control the sell off by making sellers waiting 48 hours.

What BS

Ah okay. So in a way, legalized insider trading, for those who have the right connections.

No it won't. DOOM OFF.

This is not to be taken lightly. Crash must have been foreseen.

Imagine if you could bet on this or tht casino, going under.

The bosses, would know who is betting against their casino.

And they would, well, be obliged to take remediative steps against those who are thinking that there is profit, in the destruction/loss of our fine casino.

Gangster war happens with lawyers and nations these days, you will never see one gangster, but you will see their cousins and sons, if employed as bankers, bite the dust. As is ongoing.

It is a state of "bankwars", which =
"debtwars" which =
"controlwars" using ones own population.

True folly for any nation, it's like trees fighting each other with flamethrowers.

Yep, they're worried about something. grexit and possibly something else.

Well to stretch the analogy,

Does the dealer control shit? No, he/she is hourly worker, not really important to the plan, just a card-dealing cog.

I would assume casinos hire people who know 10 ways to peek at the cards. Give me a deck of cards, and I can find any card in the deck. It's called


:magic:

[link to nyserules.nyse.com]

Rule 48. Exemptive Relief — Extreme Market Volatility Condition



Read the whole rule on the link.

Lets be glad its not rule 49.

Seriously WTF is going on for them to invoke 48???

I will be frank here:

The 1st Amendment, disappears in the future, due to words, affecting markets.

In the end, I am (and you are) currently enjoying the freedom to call bullshit, on the whole money debt rigging.

But that freedom of the COTUS and the 1st Amendment, will not hold, until held high. We know 100% that our leaders do not respect the COTUS, they will use it as a weapon against the people --WHICH IS A DIRECT VIOLATION of the duties, fiduciary, of the Constitutory party, that is to say, the party who pays the debts of another, according to the legal definition of "Constitutor"

Once the Constitutor, begins to overtly attack the beneficiary (the people), then that invalidatates the trust basis of that sort of instrument called Constitutors and Constitutions.

So, they will attack free speech, thanks to such fine bluenames as [removed] and [removed] who simply just gave us truth about money. In the end, that became a threat to the State, and that's where the State must wage TOTALKREIG against it's own people.

Well, unless me telling you this, changes that.

Down -293.00

Gee I wonder what it would be without the rule.....

Even though I know it is totally fake. It is still somewhat entertaining to watch the needle jump up and down for no publicized reason and stay flat or make gains when all hell is breaking loose.

It should be down 10,000. Then it would reflect what is going on in the real economy and not all the money printing.

To carry the Casino analogy forward, we can also consider the fine Hollywodd film of teh same name.

Mr Rothstein, seeks "Whales" like Mister Ikchikara,

So he keeps em playing. Rule #1, keep em playing.

But, what if you could buy/sell options, based on all the collected blackjack games happening at any moment?

What if all blackjack games were collated and dialed in, realtime, every shoe beng dealt. And what if that data was updated in realtime, such that you KNEW there were x=# of high cards coming, and data y=# players standing on 15/16 worldwide, well, you might look at that "Blackjack Globo Computer" and you might be able to place 1 beeeeellion dollars, credit of course, on some global "next card"

As with Lehman, they were in it, blowing on teh dice, hehe, last time VW puled a huge stock scam hehe, watch the bushes for movement of ninjas I'd say.

Lehman didn't have a seat last time. But, did its corpse fuel the machine?